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Patrick 2Q Revenue Up 29% As RV Sector Soars

July 27, 2017 by · Leave a Comment 

Elkhart, Ind.-based supplier Patrick Industries Inc. reported a 29% increase in sales for its second quarter, ended June 25, boosted by strong RV performance.   Net sales during the three-month period grew $92 million or 29%, to $407.2 million from $315.2 million in the same quarter of 2016. The increase was attributable to industry growth, acquisitions, geographic expansion efforts, and market share gains. The company’s revenues from the RV industry, which represented 69% of second... Read more

CW Holdings Buys American RV & Jack Sisemore

July 25, 2017 by · Leave a Comment 

Camping World Holdings Inc. continued to expand its nationwide dealer network with the acquisition of Grand Rapids, Mich.-based American RV along with Jack Sisemore Traveland in Amarillo, Texas. According to a press release, Camping World currently operates three other RV retail operations in Michigan including a supercenter in Houghton Lake and retail accessory stores in Belleville and Grand Rapids. “We remain focused on growth and customer service as we expand in the Michigan... Read more

Zinke: ‘Public-Private Partnerships’ Vital To Parks

July 20, 2017 by · Leave a Comment 

Forging public-private partnerships is the key to accelerating the modernization of America’s outdated, Eisenhower-era national parks with the end result being “a better parks experience all Americans could enjoy for the next 100 years,” U.S. Interior Sec. Ryan Zinke said repeatedly during a day-long event Tuesday (July 18) in Washington, D.C., as part of the Trump Administration’s “Made in America” week. The day began with Zinke meeting with members of the Outdoor Recreation Industry... Read more

Patrick Announces Acquisition Of ‘Wire Design’

July 17, 2017 by · Leave a Comment 

Patrick Industries Inc. announced today (July 17) that it has completed the acquisition of the business and certain assets of Elkhart, Ind.-based Wire Design, a manufacturer of wire harnesses for the recreational vehicle, marine and industrial markets. Wire Design’s trailing 12-months revenue through June 2017 was approximately $10 million and the total cash consideration paid for Wire Design was approximately $10.9 million. The company expects the acquisition to be immediately accretive... Read more

Total Solar Eclipse is Becoming Major RV Event

July 14, 2017 by · Leave a Comment 

Hopkinsville, Ky., prepares for solar eclipse crowd (Photo by Tab Brockman) Communities from Oregon to South Carolina are preparing for an influx of visitors Aug. 21 — many of them pulling or driving RVs — to experience the first total solar eclipse to sweep across the U.S. in nearly 100 years. Some 12.2 million people in 14 states will be in the path of totality after the eclipse reaches the Continental United States between Portland and Salem, Ore., at 7:16 a.m. EDT, and concludes... Read more

SSI: Canadian Towable Sales Rise 14.9% in May

July 13, 2017 by · Leave a Comment 

Year-over-year Canadian towable sales rose 14.9% in May, while gaining 6% for the first five months, according to the latest report from Statistical Surveys Inc. (SSI). Results by segment showed: • Travel trailer sales grew 16% in May while showing a 7.5% increase year-to-date. • Canadian fifth-wheel sales soared 15.6% for the month and edged up 1.9% through May. • Folding camping trailer registrations fell 6.4% in May and 6.3% year-to-date. •... Read more

SSI: Motorized Sales See 3.6% Gain During May

July 11, 2017 by · Leave a Comment 

Motorized sales were flat in May, up 3.6%, while the segment showed a 10.5% gain for the first five months. According to the latest report by Statistical Surveys Inc. (SSI), Thor Industries Inc. was the motorized sales leader through May with a 42.1% market share, ahead of Forest River Inc. (24.6%) and Winnebago Industries Inc. (13.4%). May Class A motorhome sales fell 3% from the previous year, while registrations dipped 0.8% year-to-date. Thor led the category with... Read more

SSI: Towable Sales Up 4.2% in May, 11.7% YTD

July 10, 2017 by · Leave a Comment 

Year-over-year towable retail registrations edged up 4.2% in May and 11.7% for the first five months, according to the latest report from Statistical Surveys Inc. (SSI).  Results by category showed: Sales for the travel trailer segment climbed 6.8% for the month and 13.7% year-to-date. Fifth-wheel registrations dipped 1.2% in May but were up 7.6% for the five months. Folding camping trailer sales fell 19.8% for the month and 5% through May. Park model RV sales... Read more

TMC’s ‘QuickPick’ Streamlines Parts Ordering

July 6, 2017 by · Leave a Comment 

Thor Motor Coach Inc. (TMC) has implemented the new QuickPick ordering initiative to enhance dealers’ ability to quickly and efficiently secure parts online. “Based on feedback we have received from dealers, the RV industry as a whole has struggled in the area of parts order fulfillment and Thor Motor Coach is responding. We have completed our research and are taking steps to ensure the ordering process is simple and efficient,” stated Assistant Vice President of Operations Andrew... Read more

WCM Editor Justin Leighty’s Untimely Passing

July 5, 2017 by · 5 Comments 

Justin Leighty Justin D. Leighty, a 41 year-old Warsaw, Ind., resident and Midwest Editor of RVBusiness magazine, passed away on the evening of June 27 from injuries sustained in a one-vehicle accident on a rural Kansas road where he had gone with his family to help with the wheat harvest at his family farm as he did every year at about this time. The Kansas Highway Patrol indicated that Leighty, a former reporter for The Elkhart Truth who also served as editor of Elkhart, Ind.-based Woodall’s... Read more

RVAA Officials Supporting Alignment With RVIA

June 28, 2017 by · Leave a Comment 

The Recreation Vehicle Aftermarket Association (RVAA) announced Tuesday (June 27) in a letter to its membership that, pending a referendum, the group would come under the auspices of the Recreation Vehicle Industry Association (RVIA). If approved by RVAA’s some 120 supplier and distributor members — a vote could take place as soon as mid-August during the group’s RV Aftermarket Executive Conference in San Diego, Calif. — one of the more visible changes would be that  the current... Read more

Jackson is Enjoying the Ride at ‘CWRV Transport’

June 26, 2017 by · Leave a Comment 

Rob Jackson It’s been less than three months since RV transport industry veteran Rob Jackson took over as the new president of CWRV Transport, Camping World’s exclusive transporter for its nationwide network of RV stores. But Jackson has quickly acclimated to the demands of his new position, and is thoroughly enjoying the ride. Jackson said that he views his role as providing an opportunity – a way for drivers to see the nation and earn good money, and ultimately the opportunity for... Read more

Travel Lite Sees Sales Surge; Eyeing More Growth

June 22, 2017 by · Leave a Comment 

While the RV industry as a whole is on an upward trajectory, New Paris, Ind.-based Travel Lite Inc. is enjoying an extra-strong surge that has resulted in impressive year-over-year gains. “As of last week we had already surpassed our revenue from last year, and it’s only the second quarter,” President Dustin Johns, majority owner of the business, told RVBUSINESS.com. “We actually grew 60% last year on our dollar volume. This is growth on top of growth, and it’s only going to continue.” Travel... Read more

Winnebago Reports 75% Gain in Sales During 3Q

June 21, 2017 by · Leave a Comment 

Forest City, Iowa-based Winnebago Industries Inc. reported a 75.1% increase in revenue during its fiscal 2017 third quarter ended May 27, 2017, lifted by the company’s acquisition of towable builder Grand Design Recreational Vehicles Co. completed last November. Third-quarter sales totaled $476.4 million compared to $272.1 million for the fiscal 2016 period. Gross profit was $70.8 million, an increase of 134% compared to $30.3 million a year ago as gross profit margins expanded 380... Read more

The Buzz: Millennials Adopt Full-Timer Lifestyle

June 14, 2017 by · 1 Comment 

Heath and Alyssa Padgett What began as pair of newlyweds traveling the nation in an RV for a feature-length documentary while also crossing an item off their bucket list, has become a way of life for Heath and Alyssa Padgett. The Padgetts were just 23 years old when they decided they could do better than the confining cubicles of corporate America. So they bought a used RV off Craigslist and set off to see the nation. While making their way across the country, they were able to connect with... Read more

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